Problem 4-21A (Algo) Allocation to accomplish smoothing LO 4-1, 4-2, 4-3 Jordan Corporation estimated its overhead costs would be $22,700 per month except for January when it pays the $168,930 annual insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be $191,630 ( $168,930 + $22700 ). The company expected to use 7,400 direct labor hours per month except during July. August, and September when the company expected 9,100 hours of direct labor each month to build inventories for high demand that normally occurs during the Christmas season. The company's actual direct labor hours were the same as the estimated hours. The company made 3,700 units of product in each month except July. August, and September, in which it produced 4,550 units each month. Direct labor costs were $25.00 per unit, and direct materials costs were $10.40 per unit. Required a. Calculate a predetermined overhead rate based on direct labor hours. b. Determine the total allocated overheod cost for January, March, and August. c. Determine the cost per unit of product for January. March, and August. d. Determine the selling price for the product, assuming that the company desires to earn a gross margin of $21.00 per unit. Complete this question by entering your answers in the tabs below. Calculate a predetermined overhead rate based on direct labor hours. Hote: nowind vosir anower to 2 dedmal places. Problem 4-21A (Algo) Allocation to accomplish smoothing LO 4-1, 4-2, 4-3 Jordan Corporation estimated its overhead costs would be $22,700 per month except for January when it pays the $168,930 annua insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be $191,630,1$168,930 * $22,700 ). The company expected to use 7,400 direct labor hours per month except during July, August, and September when the company expected 9,100 hours of direct labor each month to bulld inventories for high demand that normally occurs during the Christmas season. The company's actual direct labor hours were the same as the estimated hours. The company made 3,700 units of product in each month except July, August, and September, in which it produced 4,550 units each month. Direct labor costs were $25.00 per unit, and direct materials costs were $10.40 per unit. Required a. Calculate a predetermined overhead rate based on direct labor hours: b. Determine the total allocated overhead cost for January, March, and August. c. Determine the cost per unit of product for Januiry, March, and August. d. Determine the seling price for the product, assuming that the compariy desires to eam a gross margin of $2100 per unit. Complete this question by entering your answers in the tabs below. b. Determine the total allocated overhead cost for January, March, and August. c. Determine the cost per unit of product for January, March, and August. d. Determine the seling price for the product, assuming that the company desires to carn a gross margin of 521.00 per unit. 16ote: Do not round intermectiate calculations. Found "Cost per unit" and "selling price per unit" to 2 decimar placer, Round your total allocated overthead cost to nearest whele dollar. Show less